CBD site adjacent to ‘Learning Quarter'
• Expansive 1,011sqm (more or less) freehold landholding
• Development intensive zoning permits significant height and a range of uses
• Strategically located near Auckland central's tertiary education hub
• A rare opportunity in this rapidly developing precinct
This portfolio consists of three properties with a combined land holding of 1,011sqm (more or less) and some 70m of frontage to Wakefield, Lyndock and Airedale Streets. The properties, which are offered individually or together, provide options to either reposition the existing buildings through refurbishment or to redevelop the site with more intensive use.
The portfolio is strategically positioned adjacent to the ‘Learning Quarter', the city centre's principal tertiary education precinct, anchored by the University of Auckland and AUT's city campuses. The precinct is a major generator of daily pedestrian activity, public transport demand, student accommodation need, hospitality spend and knowledge-sector employment. Auckland Council's City Centre Masterplan identifies the Learning Quarter as a key transformational area.
Following long-term owner occupation, these properties are now offered to the market for re-positioning or redevelopment.
• Development intensive zoning permits significant height and a range of uses
• Strategically located near Auckland central's tertiary education hub
• A rare opportunity in this rapidly developing precinct
This portfolio consists of three properties with a combined land holding of 1,011sqm (more or less) and some 70m of frontage to Wakefield, Lyndock and Airedale Streets. The properties, which are offered individually or together, provide options to either reposition the existing buildings through refurbishment or to redevelop the site with more intensive use.
The portfolio is strategically positioned adjacent to the ‘Learning Quarter', the city centre's principal tertiary education precinct, anchored by the University of Auckland and AUT's city campuses. The precinct is a major generator of daily pedestrian activity, public transport demand, student accommodation need, hospitality spend and knowledge-sector employment. Auckland Council's City Centre Masterplan identifies the Learning Quarter as a key transformational area.
Following long-term owner occupation, these properties are now offered to the market for re-positioning or redevelopment.
Key features
Land area breakdown
Expansive 1,011sqm (more or less) freehold landholding
Zoning
Development intensive zoning permits significant height and a range of uses
Location
Strategically located near Auckland central's tertiary education hub
Opportunity
A rare opportunity in this rapidly developing precinct
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.